Yes. One of the fundamental principles of British democracy is that no parliament may bind its successors; any law they make can be overturned by a future parli

Yes. One of the fundamental principles of British democracy is that no parliament may bind its successors; any law they make can be overturned by a future parliament. Generally the main consequence of this is that companies aren't willing to sign contracts that are likely to be overturned by their successors; as a general principle the government will pay for work already done, but penalty clauses designed to force the next government to keep the scheme going (which I think Labour tried with ID cards) don't fare so well. This is kind of necessary in a functioning democracy (as opposed to a corpocracy with democratic trappings); if any government can just give sweetheart deals transferring power to corporations that voters can't do anything about by exercising their vote, in what sense are the voters really in charge at all?